Catholic Missionaries and Their Work with the Poor: Mitigating Market-Government Failure in Emerging Nations

This book explores the vital role of faith-based organizations (FBOs) in compensating for the market’s and government’s inability to provide vital services. Its key theoretical contribution is the notion that poverty is the result of a triadic failure—when markets, government, and civil society become dysfunctional at the same time. Using data on Catholic missionaries’ development work, this study presents the various ways by which FBOs mitigate market and government failures in healthcare,...